Creator Payment Agent Terms
Version 2.3. Names shown in gray are filled in before launch.
Effective effective date
These terms apply to every Creator. They explain how money from Brands reaches you.
1. Appointment
You appoint Berry Technologies, Inc., a Delaware corporation as your limited payment agent, only to receive payments from Brands for your deals and to have the payment provider pay them out to you under your deals.
2. Payment to us is payment to you
When a Brand's payment for your deal reaches us through the payment provider, the Brand has paid you that amount for the purposes of your deal. If the money does not reach you as your deal states, your claim is against us, not the Brand.
3. Where the money is
The payment provider holds the money. We do not hold it in our own bank accounts, and it is never our revenue. Our fees are separate and appear on each receipt.
4. Release and payout
- 1Money moves to your connected account only when an event in your deal occurs, such as acceptance, a rejection once it is final, a cancellation, an approved generation cost, a salvage, or a statement.
- 2The payment provider pays out your balance to your bank on its payout schedule. An instant payout has a fee, at cost, which you pay only if you choose it.
- 3You must finish the payment provider's identity checks before your first payout, and keep your details current.
5. Reversals and holds
- 1If a Brand reverses a payment before your payout, the reversed money does not reach you.
- 2We never take money from your bank account. A reduction comes only from money held in the same deal or from later payments in the same deal.
- 3We can hold money in a deal while a dispute, a reversal review or a legal duty is open, and each hold shows its reason.
6. Money we cannot pay out
If we cannot pay money that is yours, for example because your payout details are missing, we keep it for you and remind you every 30 days. It is never our revenue. If it stays unclaimed for the time that the applicable state law sets, we report it and pay it to the state as that law requires.
7. Taxes
The payment provider issues the tax forms that the law requires. You are responsible for your own taxes.
8. Limits of this role
This appointment does not make us a party to your deals, an escrow agent, a bank, or a lender. It does not cover our Generation Service, which a Brand buys from us directly (Terms of Service, section 8A). It ends when your account closes and all money in your deals is settled.